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7 Trusted Bitcoin Investment Sites and Crypto Exchanges 2022

These are the 7 top trusted Bitcoin investment sites and crypto exchanges in 2022.

In this article  I’ll cover:

  • How To Invest In Bitcoin and Crypto
  • How To Buy Bitcoin and Crypto
  • 7 Best Bitcoin Investment Sites and Crypto Exchanges
  • And Lots more

So, if you’re looking for legit and the best Bitcoin Investment Sites and crypto exchanges then you’ll love this article.

Let’s get started.

Contents

  1. How To Invest In Bitcoin and Crypto
  2. How To Buy Bitcoin and Crypto
  3. 7 Best Bitcoin Investment Sites and Crypto Exchanges
  4. Best Bitcoin Investment Plan and Strategies

How To Invest In Bitcoin and Crypto

Here’s how to invest in Bitcoin in 3 easy steps.

1. Sign up for a Bitcoin Exchange

First, you’ll need to determine where you want to make your Bitcoin or crypto purchase.

Most Bitcoin investors and traders use cryptocurrency exchanges. 

There’s no official “Bitcoin” company because it’s an open-source technology, but there are several exchanges that facilitate bitcoin and cryptocurrency transactions. 

These exchanges are the middlemen of cryptocurrency investing, like a stock brokerage.

If you decide to purchase bitcoin and crypto from an exchange, you’ll have to decide which exchange you want to buy from. 

Review the strengths and weaknesses of the company by doing your own research and due diligence. 

2. Deposit funds to your bitcoin exchange account

After you’ve successfully created your bitcoin exchange account, you’ll need to link it to your bank account or other preferred payment options. 

This enables you to purchase coins and sell coins any time you wish.

3. Later sell the bitcoin and crypto for a gain or loss

After you’ve purchased bitcoin or your preferred crypto, you can:

Use your coins to make online transactions.

Hold your crypto for a long period in the hopes it’ll appreciate in value.

Perform day or swing trading with your coins—that is, buying and selling coins with other Bitcoin and crypto owners, which can be facilitated on the cryptocurrency exchange.

Most significantly, you can grow your bitcoin and crypto portfolio with our highly profitable crypto trading service.

Our team’s deep experience and expertise in the space allow us to trade thousands of digital asset products, all major coins and altcoins as well as their derivatives.

How To Buy Bitcoin and Crypto

On Volant Digital, Binance, Coinbase, and other bitcoin and crypto exchanges you can easily buy bitcoin with cash, as well as other cryptocurrencies offered on their platform. 

You can use your credit card, Paypal, bank deposit, cash, mobile payments, etc to directly purchase Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash using US Dollars, AUD, Pounds, or Euro.

With Binance, you open an account and link your bank account or credit card. 

Then transfer funds from your bank account to purchase BTC or purchase using your credit card. 

Credit card purchases of BTC are the most expensive.

The mechanics of purchasing BTC and crypto involve entering a USD amount or a BTC amount. 

The website will then convert the other currency.

For example, if you enter in 500 USD, the website will fill in the BTC side with 0.013705 (or whatever the current BTC exchange rate is).

Once you have the amount filled in, click to purchase your BTC. 

While credit card transactions cost the most, they are also the fastest to complete BTC transactions. 

Buying bitcoin and crypto with bank accounts can take up to a few days. 

Keep in mind that you will get the exchange rate at the time you purchased BTC.

It is important to note that “Wallets” are a big topic of discussion when talking about cryptocurrencies, you can use a stand-alone wallet if you don’t want to use the exchange’s wallet.

Volant Digital wallet, Blockchain.com, Trust wallet is an example of a stand-alone wallet. 

This can be desktop, mobile or website-based.

So, how do you choose the right bitcoin and crypto wallet?

It’s a good question to ask.

Because if you choose a crypto wallet that is not secure you might lose your funds due to hacks and attacks.

But if you use a hardware wallet, you can safely backup your private keys that will help prevent loss of funds.

You can even use a hardware wallet such as LedgerNano.

Direct deposit of BTC and Crypto

In the case that the exchange doesn’t allow purchasing BTC by transferring funds or using a credit card, you can deposit BTC from another exchange.

This is done by getting your wallet address from the target exchange. 

Then enter it on the source exchange along with the amount of BTC to transfer to the new exchange.

The transaction takes a few minutes for the exchanged BTC to appear in the target wallet.

7 Best Bitcoin Investment Sites and Crypto Exchanges

Here’s my list of the 7 most trusted bitcoin investment sites and crypto exchanges.

#1. Volant Digital

Volant Digital is a cryptocurrency trading firm specializing in quantitative trading, market making and OTC quoting.

They also offer an exchange platform that allows you to store, buy and sell crypto.

The exchange non-custodial wallet currently supports 6 blockchains which are; Bitcoin, Ethereum, Binance smart chain, Polygon, Arbitrium, and Gnosis chain.

Volant Digital  leverages their team’s deep understanding of digital assets and internally developed technology to trade thousands of digital asset products: all major coins and altcoins, as well as their derivatives.

The process of earning interest on the platform is pretty straightforward, when you invest with the firm, your funds will be used in providing liquidity, trading, and OTC quoting on major centralized and decentralized exchanges.

#2. Binance

Binance is the world’s largest online cryptocurrency exchange by trading volume.

The exchange is also one of the fastest platforms in the crypto market today. 

The cryptocurrency exchange started in China but then moved its headquarters to the crypto-friendly country of France in the EU.

As the world’s largest crypto exchange by trading volume, Binance Coin delivers investors and traders with a full suite of offerings.

Binance is popular for its crypto to crypto exchange services.

Note: If you are in the USA, you will need to register with Binance.US

If you visit Binance for the first time you will notice that the platform offers two options for digital currency trading- basic and advanced.

While it might not be easy for a beginner to use, if you have a background in digital currencies and a bit of knowledge of how exchanges work, you should be able to use the platform and its different services.

Binance currently supports 198+ countries worldwide.

Binance does not specify which countries are supported and which countries are not supported. 

With regard to U.S traders, Binance makes no mention of any kind of prohibition policy concerning U.S-based customers.

#3. Kraken

Kraken is a US-based cryptocurrency exchange that supplies an advanced trading platform with margin trading and OTC options.

Founded by Jesse Powell in 2011, Kraken is known for its low transaction fees, high liquidity, 24/7 live customer support, wide range of features, and overall security.

Kraken offers its customers an advanced trading platform that includes spot and margin trading for more experienced users.

For high volume trades (over $100K) Kraken offers Over The Counter (OTC) services with a 1-on -1 service. 

Additionally, frequent high-volume traders can receive a dedicated account manager to take care of their trading needs.

Kraken also offers a dark pool – an order book not visible to the rest of the market. 

Each trader only knows their own orders. 

Traders can anonymously place large buy or sell orders without revealing their interest to other traders.

Typically, outsized orders, when seen by other traders will cause the market to move unfavorably, making it more difficult to fill the order at the desired price. 

This unfavorable price movement may be avoided in a dark pool.

Kraken is available worldwide except for the following countries:

  • Afghanistan
  • Cuba
  • Iran
  • Iraq
  • Japan
  • North Korea
  • Tajikistan

Kraken accepts US traders on its platform except for residents of Washington state (WA) and New York (NY).

#4. Coinbase

Coinbase is one of the most popular bitcoin investment sites and crypto exchanges because you can invest directly with USD. 

You can currently purchase Bitcoin, Ethereum, and Litecoin, and 50+ other coins and tokens on the platform. 

Furthermore, you can earn interest on your USDT, and you can earn token rewards by completing various activities.

When trading cryptocurrencies, traders and investors can make use of a cryptocurrency exchange.

However, these exchanges are often the center of hacking attempts.

This may discourage numerous investors from exploring cryptocurrency and the corresponding exchanges, however, exchanges such as Coinbase work tirelessly to reduce such security concerns.

As an exchange that has an excellent track record of not having been hacked, Coinbase is one of the top choices as far as bitcoin investment platforms go. 

It also allows for the purchase of Bitcoin by making use of fiat currencies.

Coinbase is a large exchange which means that liquidity is not a problem and with the high liquidity, the exchange can adequately fulfill the orders of its clients.

To buy bitcoin with a debit card on Coinbase, the service is currently available to users in Australia, Canada, Singapore, the United States, the United Kingdom, and the following European markets:

AndorraFinlandItalySlovakia
AustriaGibraltarLatviaSlovenia
BelgiumGreeceLiechtensteinSpain
BulgariaGuernseyLithuaniaSweden
CroatiaHungaryMaltaSwitzerland
CyprusIcelandMonaco 
Czech RepublicIrelandNetherlands 
DenmarkIsle of ManNorway 
PolandPortugalSan Marino 

#5. Compound Finance

Compound Finance is a cryptocurrency investment platform enabling users to lend and borrow popular cryptocurrencies like Ether, Dai, and Tether.

Compound Finance is an algorithmically operated, decentralized, interest rate protocol for lending and borrowing cryptocurrencies.

It is a platform where users can frictionlessly supply (lend) cryptocurrencies as collateral, to borrow crypto assets based on interest rates set by real-time supply and demand.

Compound leverages audited smart contracts responsible for the storage, management, and facilitation of all pooled capital. 

Users connect to Compound through web3 wallets like MetaMask with all positions being tracked using interest-earning tokens called cTokens.

The process of earning interest or borrowing assets against your collateral is pretty straightforward.

Simply enable a supported asset and sign a transaction approving the amount of capital you wish to supply the capital to Compound. 

Assets are instantly added to the global supply pool with interest being tracked in real-time.

Every asset has a unique Supply and Borrow APR, both of which change frequently relative to supply and demand at any given time. 

You can earn up to 35% APR by lending out your crypto to traders on the platform.

When supplying assets to the protocol, users receive cTokens – Compound’s native tokens – which represent claims to a portion of any given asset pool.

cTokens can be redeemed at any time, with borrowed funds instantly becoming available in the connected wallet to be freely sent to wherever the user chooses. 

In order to borrow assets, users must first supply collateral to earn “Borrowing Power”.

Every asset has a unique Collateral Factor, meaning some assets may enable more Borrowing Power than others.

#6. BlockFi

BlockFi is a cryptocurrency investment platform that allows you to lend and earn interest on your holdings. 

Also, instead of selling your coins and tokens, you can also borrow against your crypto holdings.

If you’re just looking to hold your tokens, you can also just let them earn interest for you.

Numerous savings accounts barely have the ability to break the 1.00 APY mark and it does not even keep up with inflation. 

However, there are not many other alternatives for higher yields unless you invest in the stock market.

This is where BlockFi comes in as it allows for investors to earn up to 8.6% annually on their cryptocurrencies.

This is more than eight times the account rates and returns on them. 

BlockFi also allows investors to borrow against their coins. 

Instead of turning to sell your coins when you need capital, a loan can be taken out against you instead.

Through this, you don’t need to sell into a down market.

BlockFi does not support an array of cryptocurrencies and only supports BTC, ETH, LTC, USDC, and GUSD for trading.

The BlockFi Interest Account, or BIA, is the interest-bearing account where you can earn interest in BTC, ETH, LTC, USDC, GUSD, and PAX without the need for a minimum initial deposit or balance.

For investors who do not own any of the above-mentioned coins, there is the option of sending USD via bank wire transfer into the account. 

The funds will be converted into stablecoins; either USDC, GUSD, or PAX.

Interest made on this account will be paid monthly in either Bitcoin, Ether, Litecoin, USD Coin, or Gemini Dollar.

#7. Uniswap

Uniswap is a decentralized exchange (DEX) and crypto investment site that enables users to fund liquidity pools and mint profits. 

The platform allows users to trade Ethereum-fueled ERC-20 tokens through its user-friendly web interface. 

In the past, decentralized exchanges had short order books and abysmal UXs, leaving an immense scope for effective decentralized exchange.

Thanks to Uniswap, users now don’t need to bear flaws as they get to trade Ethereum-based protocols using a web 3.0 wallet easily. 

You can do so without depositing or withdrawing to a centralized managed order book. 

Uniswap provides users with an opportunity to trade without any third-party involvement.

Uniswap does not hold funds in custody: Users worried if the exchanges will store their funds don’t need to fret. 

The Ethereum-based smart contracts control users’ funds entirely, and they monitor every single trade. 

Uniswap produces separate contracts to handle trading pairs and support the system in other aspects

Undoubtedly, Uniswap tops the chart when it comes to popular DEXs despite its competition with other exchanges. 

On it, users are one snap away from exchanging an ERC-20 token without worrying about phishing, custody, and KYC protocol.

Moreover, Uniswap offers independent on-chain transactions at low costs, all thanks to the smart contracts running on the Ethereum network.

Being a decentralized exchange, Uniswap excludes centralized order books. 

Instead of highlighting specific prices to buy and sell. 

Users can insert the input and output tokens; meanwhile, Uniswap highlights the reasonable market rate.

Liquidity providers: Users can mint profits from UNI fees by simply staking tokens in Uniswap liquidity pools. 

Projects can invest in liquidity pools to support trading.

On the crypto exchange, LPs can provide capital to any specific pool but must first submit collateral to each of their targeted markets. 

For instance, a user interested in the DAI/USDC market must provide equal collateral to both markets.

After providing the liquidity, a user gets what’s known as “liquidity tokens.” 

These LTs show the portion of the user’s investment into the liquidity pool. 

He/she is also free to redeem the tokens for the collateral backing them up.

As for fees, the exchange charges every user up to 0.3% of every transaction. 

These fees help to ensure deeper spreads on the board. 

However, there are three different levels of fees on the exchange. 

These fees come in three, namely, 1.00%, 0.30%, and 0.05%. 

The liquidity provider can decide on the tier to invest in, but traders often go for the 1.00%.

Best Bitcoin Investment Plan and Crypto Strategies

This category is about the bitcoin investment plan and crypto strategies.

Can you have a successful investment in bitcoin without a strategy or plan?

Maybe

But having a bitcoin investment strategy and plan makes the entire process A LOT easier.

With that, here are the proven strategies that my team and I personally use and highly recommend.

#1. Use DCA 

Although it can be tempting to simply invest a large lump sum in Bitcoin before holding for the medium to long-term, doing so can expose you to Bitcoin and cryptocurrency’s notorious volatility.

Instead, if you gradually invest regular sums into Bitcoin, you can avoid the risk of unwittingly investing a large sum when Bitcoin is at a price peak — thereby making it more difficult to see a positive return in investment. 

As such, making regular investments in Bitcoin allows you to average out your entry price, helping you avoid accidentally buying the top.

According to LookIntoBitcoin, the market-leading cryptocurrency was valued lower than it is today for 96.4 percent of its lifetime. 

This means, for bitcoin investments made regularly throughout this time, just over three percent would result in a loss, whereas almost 97 percent of your investments would be profitable.

To help visualize the benefits of dollar-cost averaging bitcoin investments, dcaBTC can be used to estimate how much profit you would earn if you invested a regular amount between two dates. 

For example, investing $100 per week for 3 years, would turn a $15,700 investment into $79,279 worth of Bitcoin — equivalent to a 404.96% gain.

#2. Diversify your portfolio

Your bitcoin investment plan and strategies must involve diversification.

While it may be tempting, don’t put all your eggs in one basket. 

Every experienced investor hedges, or protects his/her risk by investing in multiple assets.

However, as we have seen time and time again, Bitcoin isn’t always the most profitable cryptocurrency. 

For example, in the last 11 months, numerous cryptocurrencies, including Ethereum (ETH), Tezos (XTZ) and Binance Coin (BNB) have all performed better than Bitcoin. 

Because of this, anybody looking to invest in Bitcoin might actually see better returns if this investment is also combined with investments in a variety of other cryptocurrencies.

You might notice some coins correlate where when one goes up, the other goes down. 

If this is the case and you like both coins’ futures, then invest in both. 

Your investment in cryptocurrency will be much safer.

Pro Tip: Be sure to pick a number of coins that you can keep track of. 

This means keeping up with the coin news and price action.

#3. Don’t Invest your life savings

Rule number 1 of investing; don’t invest more than you can afford to lose.

You should go into this ready to lose whatever you put in. 

Ultimately, as the bitcoin and crypto price swings up and down, you should remain calm and still be living a healthy life with room for regular spending.

I’ve heard countless horror stories of people investing in bitcoins and other digital currencies greedily with their entire life savings or borrowing large sums of money. This is a HUGE mistake.

Funny enough, even if you hit it big, your greed will likely win you over. 

For example, if you make an investment of $70,000 in bitcoin, and at one point have $210,000, then your mind will rationalize and normalize these winnings to feel less significant than they are.

The next thing you know, the market drops, and you’re back at break-even, or at a loss.

#4. Take Action

Every day, potential investors miss out on bitcoin and crypto investing because they aren’t confident about how to get started.

Even experienced investors miss on new tools or cryptocurrencies that could bring significant profits simply from not staying active.

Why? Because they’re afraid to make mistakes. 

The first step is taking action, so don’t hesitate to dive right in.

Action will result in experience, and experience will result in better decision making. 

In fact, the experience is all about learning from the mistakes you make.

If you feel ready to make your first bitcoin and crypto investment, then go for it. 

Even only $10, on any exchange or any bitcoin investment sites you want, with any payment method you like.

You can’t imagine the difference a small step will make versus not taking action.

This is where your experience will start, and you will feel the highs and lows of investing – it’s an amazing experience.

Now It’s Your Turn

I really hope you enjoyed my new bitcoin investment sites and crypto exchanges article.

And now I’d like to hear from you.

Which bitcoin and crypto investment sites and exchanges from today’s article are you ready to try first?

Are you going to invest in Volant Digital?

Or maybe you want to use Uniswap to earn more cryptos.

Either way, let me know by leaving a quick comment below.

The post 7 Trusted Bitcoin Investment Sites and Crypto Exchanges 2022 appeared first on Volant Digital.



This post first appeared on Secure Crypto Wallet And DEX Platform, please read the originial post: here

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7 Trusted Bitcoin Investment Sites and Crypto Exchanges 2022

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